IncentiaPay Ltd. (AU:INP) has released an update.
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IncentiaPay Ltd has announced securing a $5 million unsecured loan from Suzerain Investment Holdings Ltd to bolster its working capital and continue its high-quality product and consumer experience enhancement plans. With a repayment deadline set for the end of 2025 and an interest rate of 13% per annum, the company is poised to reinvigorate its unique Fundraising distribution channel and pursue cash breakeven. This strategic financial move aims to foster further growth and partnerships in its marketplace for offers and rewards, strengthening connections between merchants and consumers.
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